The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence (AI). “AI has improved the ability for businesses to enhance threat detection and incident response strategies, while concurrently creating new...
The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence (AI) and machine learning in the financial world can trigger stability risks, requiring proper risk...
The Royal Swedish Academy of Sciences has awarded the 2024 Nobel Prize in Physics to two pioneers whose work laid the foundation for today’s artificial intelligence (AI) revolution, even as one of the recipients has become a vocal critic of the technology’s potential dangers. The...
MIT researchers’ new artificial intelligence risk database could prompt companies to overhaul their AI strategies, potentially slowing adoption but enhancing safety in an era of rapid AI proliferation. The comprehensive “AI Risk Repository,” developed by Massachusetts Institute of Technology’s FutureTech Group, catalogs 777 potential AI...
October 16, 2024
The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence (AI). “AI has improved the ability for businesses to enhance threat detection and incident response strategies, while concurrently creating new opportunities for cybercriminals to commit crimes at greater scale and […]
October 14, 2024
The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence...
July 22, 2024
A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon said there is a need...
July 03, 2024
A growing number of tech firms are reportedly cautioning investors about risks related to their efforts in artificial intelligence (AI). At least a dozen major tech companies have “quietly” issued...
